wake on Warpcast

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wake pfp

remember that degen has 4x more daily volume than /all/ farcaster coins /combined/ 🎩🌹 (as per farcaster dot in)

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Icetoad 🎩 🍕 🎶 🐈 💚 pfp

Icetoad 🎩 🍕 🎶 🐈 💚

I still have yet to see a reason why any other FC coins need to exist. Maybe $FARTHER if anything, because it has a slightly different purpose. Other than the floaty capability I haven't seen any sort of additional functionality deployed by other projects.

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Zach Lipp pfp

what is the purpose of $farther and how does it differ from other FC coins? 30 $degen

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Icetoad 🎩 🍕 🎶 🐈 💚 pfp

Icetoad 🎩 🍕 🎶 🐈 💚

It is essentially a decentralized way to market Farcaster. It incentivizes users to spread the good word. Cheers 55 $DEGEN

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Zach Lipp pfp

I understand, I forgot about the incentive for posting on X, that action feels fairly spammy to me, but definitely gets the word out there, thank you for clarifying! 30 $degen

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Icetoad 🎩 🍕 🎶 🐈 💚 pfp

Icetoad 🎩 🍕 🎶 🐈 💚

It does seem a bit spammy in terms of the way they have it set up, but if they changed it to only reward original/creative tweets then it would lose a lot of the spam tendency I think. That just makes a lot more work on their end though in terms of reading and approving.

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wake pfp

The "quality" problem will chase down every tipping token and farcaster social graph enabled app. Fascinating to see how each one deals with that problem or surrenders entirely.

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Zach Lipp pfp

Fascinating to zoom out a bit and think about what you are saying, Wake. It’s all intriguing because it’s new, but it will be interesting to see how many of these tokens are able to sustain themselves. $WILD is providing users the ability to tip in app. I suppose that if an app incentivized people to do that, it could eliminate the spammy nature of it on Warpcast. But, the app has to have long-term sustainability beyond the tipping. 30 $degen

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Icetoad 🎩 🍕 🎶 🐈 💚 pfp

Icetoad 🎩 🍕 🎶 🐈 💚

I'm pretty sure the in app wild tipping just spells out ### $WILD and casts it

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wake pfp

afaik, yes, that's how they all need to work. secondary processing of that stuff via Dune (if public) or some other off-chain option follows. If the raw data is on Farcaster protocol, it is a text blurb.

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